Quotes
The current crypto market environment provides an interesting contrast of retail sentiment and institutional adoption. The U.S. is allegedly hoarding Bitcoin reserves and driving legislative initiatives such as 'The Bitcoin Act' without taxpayer expense, while traders are showing declining interest, resulting in reduced crypto trading volumes. And still, Bitcoin continues to show high volatility with cautioning about possible further crashes.”
Avinash Shekhar, Co-founder & CEO, Pi42, said
I would actually stay away from Robinhood here,
Garcia said
Even with their debt load, you're seeing that they're having optimism that they are going to bring down their debt,
Garcia saidThis is a company I always use as an example of a value company. It's not going to change the world overnight, [but] it does pay a good dividend,
she saidThese holdings have the potential to serve as a valuable hedge against inflation and will not be subject to dilution like so many overprinted government-issued currencies.”
Rumble Chairman and CEO Chris Pavlovski said
The market experienced significant turbulence yesterday as Bitcoin (BTC) rebounded from a low of $78K to $83K, marking a nearly 7% recovery. While this upward movement provided some relief from the sharp plunge below the critical $80K support level, the broader market sentiment remains cautious, with many investors awaiting further confirmation of a sustained recovery. Meanwhile, Ethereum (ETH) continued to struggle, unable to break past the psychologically important $2K level.”
CoinSwitch Markets Desk notedOur universe has modestly outperformed the S&P 500 since the election, but sentiment has soured of late on declining consumer confidence and signs of slowing discretionary spend,
the JPMorgan analysts wrote